Family Incorporated: A Comprehensive Guide to Single Family Office in Singapore

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It is a virtuosity and a science to evaluate affluence, which begins with how much one needs to possess to be deemed wealthy. Every individual has our own definitions and perceptions, however, for most industry research organisations, anyone with a net worth of US$1,000,000 is considered a”high-net-worth-individual” (HNWI).

 

Family Office is an increasingly popular system of managing personal or family wealth in Singapore, especially with the advent of global technological booms and the reputation of Singapore as a wealth management hub internationally. In this publication authored by Peter Ong Capital Pte Ltd, it seeks to provide introductory insights to what constitutes a family office, the costs and benefits, and its application in Singapore’s context.

 

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